Meet David Sacks, the friend of Elon Musk who could play kingmaker for Ron DeSantis
Venture capitalist and early PayPal executive David Sacks had a bundle of cash to deploy early in the 2022 midterm…
Boss of Goldman-backed digital bank Starling to step down next month
The co-founder of Starling, one of the U.K.’s largest digital banks, is set to step down as CEO next month,…
JPMorgan is developing a ChatGPT-like A.I. service that gives investment advice
JPMorgan Chase is developing a ChatGPT-like software service that leans on a disruptive form of artificial intelligence to select investments…
‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts
Investors piling into stocks with artificial intelligence exposure may pay a hefty price. Economist David Rosenberg, a bear known for…
Fintech firm Klarna halves net loss in first quarter as it races toward profitability
Klarna, the Swedish buy now, pay later fintech company, halved its net loss in the first quarter, recording a significant…
Consumers are starting to fire up China’s pandemic-battered economy, two ETF experts find
China’s pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares’ Brendan Ahern. “We’re seeing the…
Stablecoin giant Tether to mine bitcoin in Uruguay using renewable energy
Cryptocurrency giant Tether is setting up a bitcoin mining operation in Uruguay using renewable energy, as the company looks to…
Sen. Tim Scott pushes bill that would require disclosure of apps’ country of origin
WASHINGTON — Sen. Tim Scott, R-S.C., is pushing for more transparency from social media applications amid privacy concerns about China-based…
British digital bank Monzo hits monthly profitability for the first time after spike in lending
Monzo on Wednesday said it hit profitability for the first time this year, in a major milestone for one of…
How the A.I. explosion could save the market and maybe the economy
A blockbuster profit report Wednesday from Nvidia crystallized an important point for both markets and the economy: For better or…
